St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-11-15

Bushels. DuSIels
Wheat .224,d92 $500 5so9 j d: 9
Corn................ 7,072,29 -, lr6' Sd2
mars . 6.60S. 93S 5,646.3O
P,cs 075' 25l Az, 100
harley. .... 3.2l5, 474 259|,oo3
Local stocks of wheat are 1868. 922 bu, ana
corn s93.I3O bu, an increase during the
week Of 1911 bu wheat and decrease OF
bI9629 bu corn. The bull feeling dominated
ON change to-day. Before The close OF tne
long session 45c was freely offered LOT cash
corn and 49c was paid for May, gam OF 10
I1sc as compared with Saturday. 1here was
heavy buying of May by Hutchinson, capt
Phillips Gillette, Milmen, kodman d Co..
Parker, and others The shorts, too, were
industrious hustlers for property Inc
grand army of local bulls dumped stun on
every I4c advance. But the market
TOOK ALL OFFERINGS
and lifted right up under the load. Inc
crowd began playing for reaction at the
start, but before the close 1t was on the run
The l O'Clock range was not quite at the top.
The nit was thronged all day, and an enor-
nous business was done. The very air was
charged with excitement There has been no
change in conditions since the advance be-
ran. but the public has seized hold and Is
taking the market away from the protes-
rionels annarently. Gables were strong, ana
the shining. as we'll as the speculative IN
onirv. continues active. Wheat was not es-
peciallv active. but not even the announce
ment of .. 100, GOO increase in the visible
was sufficient TO depress values. So strong
was the sympathetic feeling between the grain
nit. December advanced TO 74c and May TO
T9s4c. Gables were strong, but the speculative
market is narrow Statistics are abundant
and somewhat bearish in tenor. The pack
ers who sold Saturday against product man.
ufactured and to be manufactured wished
they hadn't to-day. The market was very
bullish, and the last vestige of the early
weakness vanished before the session was
half through. January pork advanced from
$3.50 to S13.17l May pork from $l3 42l2
to SI365; January ribs from $3.50 to $3.50,
and January lard from $3.50 TO $500. The
Wright-Singer combination, which has been
right on the market for nearly year, bought
openly and freely, and the crowd was with
them. The packers were nonplussed at the
strength of the market. Receipts OF live
hogs footed up $4,000 head, and estimates
for tomorrow run from 10000 to 10000
head. These are big figures, but the product
market shows sustained strength. Lake en-
gagements reported today were 6O,OoO bu
wheat l47 600 bu corn, 80 900 bu oats and
10000 bu fax seed. Rates, 234@2l2c-
THE ROUTINE REPORT.
CHICAGO, Nov. 14.-BusineSs on change
had more of the old time activity this morn
ing Than for many weeks. None of the lead
ing articles OF speculation were neglected,
and there was uniform advance IN prices
of corn. small grains and provisions which
was very gratifying 10 the bulls. Wheat dld
not equal corn in strength to-day. but the in
terest was well maintained during the ses-
sion and the action of the market was quite
satisfactory. The market was not affected
by the visible supply statement, which
showed an increase OF 2.llO,OOo bushelS,
but was controlled largely by sympathy with
corn. Trading on the part of local dealers
was at times quite active. and the outside
business was fairly brisk. Scalpers took
considerable amounts on the reactions. May
and December were particularly in request
December started Isc higher at 735sc, adj
vanced TO 1859, reacted 10 73s4c. tiuctuated
for some time between s4c and sc. advanced
10 74c, and closed at 1859. May
closed at 79I2@ 1850. Corn was
the leader for activity and better prices
to-day, scoring an advance of about lie.
There was a large volume of miscellaneous
trading. The pit at times was considerably
excited, and the interest III the stun IN
creased as the price went up. To begin with
cash corn sold up 10 40c. When the prices
for futures began TO jump up many bulls
who had believed there would be a drop just
before the substantial advance, and had sold
short some, on that belief became alarmed
lest the market should get away from them,
and there was general clamor for corn.
November sold up 10 44SSc and closed at
44c; May opened at 47e, sold up 10 47Ac
and back TO The opening ngure, after which
il sold up 10 47544 and back TO 41l2c, and
later touched the highest point OF the season
at 4Sc. closing at 476sc. Oats manifested a
considerable firmneSS, and very good specu-
lative demand existed. Trading, however,
was largely eenIered in May. The
strength was largely due to sympathy with
the advance in corn. May opened at SOC, and
closed al 30IS@ 3G4c. Provisions opeued
rather weak under The influence of liberal
receipts and lower prices in the hog market.
Spectators were more inclined TO sell, and
during the early part OF the session lower
prices were accepted. At the decline, how
ever the demand improved and the market
gradually grew stronger. Prices were adj
Vanced to the outside range with moderately
free trading al the advancing scale. During
the latter part OF the session the feeling was
easier again, and prices settled back again TO
medium figures but finally closed higher.
Speculative trading centeTed mainly in con-
tracts for January. February and May deliv-
cry Demand on shipping account was fair.
while the offerings were slightly increased.
Sellers, however. were firm in their views and
the record of transactions showed very little
change in prices. The receipts of products
continue fair and the shipments were liberal.
January pork ranged at Sl2.90@l3, and
closed at SI3 l0Gl3.12I2. January lard
sold at S6.5C@6.55, and closed at S6.62I2.
January short ribs sold at S6.50@6.6J, and
closeda at $500.
THE QUOTATIONS.
The leading futures ranged > follows
Wheat-No. November opening al 73c clos
ing at 73Ac: December. 13Ssc. closing at
1859; January. 14Ac. closing at 7414c: May.
1889, closing at 79I2c. Corn--No ,, No
vember opening at 1859. closing at 44c: De
cember. BE, closingat 43l2c; January. 43c.
closing at 435sc; May, 467sc, closing at
475sr Oats-NO. - November oDening M
25s4c, closing at posse: December closed al
posse; May. soc closing at 30lsc. Mess
Pork-Pcr Dbl. January opening at $3.50.
closing at $3.50: February. Sl3.07l2, clos
ing at S13.22l2: May, Sl312I2. closing at
SI3.GO. Lard-dcr 100 lbs, November open
ing at S647l2. closing at S6.57I2: Deem
$500. closing AT S6.62ia; May. $3.50. closing
at So 80. Short ribs-rcr 100 lbs, January
opened at $3.50 closing at S6GU;
February. S6.57l2, closing at 500.
Cash quotations were as follows: Flour
ruled quiet, with less doing prices are steady
spring. 73ls6173Ac; No. 3, spring, 74c; No.
9 red. T4c Corn-No. =. 4I7sc Oats-No
2 26@2614c. Rye-No. ,, 526l52l2e. Bar
ley-No. .. 76c. FlaXseed-No. l, SI15;
prime timothy seed. $50. Mess pork pei
bbA S13@13 %; lard. per 100 lbs, $6.57l2
shcrt rib sides tlooSe1, S6.5006.60; dry
sailed shoulders (boXed). S5.40@5. 45; short
clear sides boxed, S6s5@6.9O. Whisky
Distillers' finished goods, per gallon, 81. 10.
Sugars-Cut loaf, 9I4657I2c: graduated, &c;
Standard "A Csc. Receipts-Flour %, 900
bbls; wheat, $1,000 bu; corn, 100000 bu
60, 900 bu. Shipments-Flour. $4,000 bbls:
wheat $4,000 bu; corn, $4,000 bu; oats,
LOG, 900 bu: rye. 400 bu: barley, 1000 bu.
On the produce exchange to-day the butter
market was active and firm at 2202Sc; eggs
very firm al l9I2Q20c.